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The Latest Breaking News from Oil

Crude Moves Higher on Improved Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) on Tuesday closed up +0.89 (+1.13%), and Sep RBOB gasoline (RBU23 ) closed down -4.28 (-1.51%). Crude oil and gasoline prices Tuesday settled mixed, with crude posting a 3-month nearest-futures high. Crude found support Tuesday on optimism of stronger Chinese energy demand after China...

Barchart

3 Energy Stocks to Watch With Quality and Momentum Backing Them

Despite facing macroeconomic headwinds, the energy industry holds a promising long-term outlook due to rapid urbanization and the sluggish energy transition. Hence, energy stocks Exxon Mobil (XOM), Chevron Corporation (CVX), and Cross Timbers Royalty (CRT), buoyed by their Quality and Momentum, could be ideal additions to your watchlist. Read more….

StockNews.com

4 B-Rated Energy Stocks With Tons of Value in Them

The energy sector shows great promise, buoyed by soaring prices and robust demand. Therefore, it could be wise to invest in four fundamentally sound energy stocks Valero Energy Corp (VLO), Par Pacific Holdings, Inc. (PARR), Unit Corp. (UNTC), and Amplify Energy Corp. (AMPY), which are B (Buy) rated in our…

StockNews.com

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Crude Gains on the Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) this morning is up +0.61 (+0.77%), and Sep RBOB gasoline (RBU23 ) is down -4.46 (-1.57%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-month nearest-futures high. Crude found support today after China signaled further measures to bolster...

Barchart

UN starts moving oil from Yemen tanker in bid to stop disaster

The supertanker, with more than a million barrels of oil, has been deteriorating since 2015.

Al Jazeera

Ryots pray for skies to open up in Andhra Pradesh’s arid Prakasam district

Farmers in drought-prone Prakasam district hope to go for sowing of Kharif crops with revival of southwest monsoon in July. Rainfall activity picked up in July, but crop coverage was only 5% of normal. Weathermen predict increased rainfall in coming fortnight, allowing farmers to sow pulses, oilseeds, coarse grains, red…

The Hindu

Ministers fail to account for emissions from new North Sea licensing, court told

Greenpeace and Uplift have brought a legal challenge against the Department for Energy Security and Net Zero.

The Independent UK

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Millions of Americans believe aromatherapy works – but for many doctors, it still doesn't pass the smell test

The history of using essential oils and their aromas to improve health and well-being dates back thousands of years. Like today, patients would inhale or topically apply these oils, which were typically extracted from plants – from leaves to flowers to roots to bark.

The Conversation

UN says operation to siphon oil out of rusting tanker moored off Yemen begins to 'avoid catastrophe'

United Nations Secretary-General Antonio Guterres says a salvage team has begun siphoning oil out of a decaying oil tanker moored off the coast of Yemen

The Independent UK

From CTO to CFO: a major oil company's rare move

Eimear Bonner, the first woman in the chief technology officer role at Chevron, has been appointed the next finance chief.

Fortune

Scientists share the 8 habits that could take 20 years off your life

Study also found eating olive oil every day could reduce the risk of someone dying from dementia

The Independent UK

Menu planner: Husk-grilled corn enlivens any cookout

Thinking ahead to your next few meals? Here are some main dishes and sides to try.

Chicago Sun-Times

Greta Thunberg removed by police at roadblock at Swedish oil terminal hours after being fined at court

Activist’s removal by police came shortly after being fined for a similar protest in June

Evening Standard

Campaigners bring legal challenge over North Sea oil and gas licensing

Greenpeace and Uplift are expected to argue ministers have failed to assess properly the impact of the new licensing round.

The Independent UK

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The Independent UK

Climate protesters ‘concrete’ themselves to road to block refinery

The action is the latest in an apparent escalation from anti-oil activist group This is Rigged.

Evening Standard

Just Stop Oil protests cost Met Police £7.7 million in 13 weeks

‘This isn’t protest, it’s crime’, says senior Met Police officer

The Independent UK

Just Stop Oil protests cost Metropolitan Police £7.7m in 13 weeks

Just Stop Oil activists have disrupted various major sporting events.

The Guardian - UK

Plan to replace gas boilers with heat pumps should be reviewed, says Gove

Levelling up secretary calls for scrutiny of green policy but says ban on sale of new petrol and diesel cars is ‘immovable’

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The National (Scotland)

'Number of arrests' made following climate protest at Grangemouth oil refinery

POLICE Scotland has confirmed that a "number of arrests" have been made after anti-oil and gas protesters blocked the access roads to…

Kiplinger

Stock Market Today: Stocks Edge Higher Ahead of Fed Meeting, Big Tech Earnings

The major market indexes gained ground Monday, with the Dow closing higher for an 11th straight day, the longest such streak since 2017.

Barchart

Crude Prices Underpinned by Tight Global Supplies

September WTI crude oil (CLU23 ) on Monday closed up +1.67 (+2.17%), and Sep RBOB gasoline (RBU23 ) closed up +8.24 (+2.99%). Crude oil and gasoline prices Monday moved sharply higher, with crude posting a 3-month nearest-futures high and gasoline posting a 9-month high. Crude prices are underpinned by the...

The National (Scotland)

Defiant Greta Thunberg removed by police after new roadblock at oil terminal

GRETA Thunberg has been removed by police for again trying to block access to a Swedish oil facility, hours after being fined by a court for…

Newsroom.co.nz

Climate optimist loses faith in oil and gas industry

When Costa Rican diplomat Christiana Figueres says she no longer believes the oil and gas industry will do the right thing around climate change, it’s a big deal, including in New Zealand. Ditto when Al Gore says the same thing.

Barchart

Crude Rallies on Tight Global Supplies and Technical Buying

September WTI crude oil (CLU23 ) this morning is up +1.84 (+2.39%), and Sep RBOB gasoline (RBU23 ) is up +8.77 (+3.18%). Crude oil and gasoline prices this morning are sharply higher, with crude rallying to a 3-month nearest-futures high and gasoline climbing to a 9-month high. Crude prices are...

The Independent UK

Greta Thunberg forcibly removed from climate protest – hours after being fined for disobeying police

Activist had pleaded not guilty in Malmo district court on grounds she acted out of necessity at demonstration that blocked oil trucks last month, before then joining another protest

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